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    Principles of Economics Study Set 8
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    Exam 30: Money Growth and Inflation
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    Based on the Quantity Equation, If Y = $10,000, P
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Based on the Quantity Equation, If Y = $10,000, P

Question 62

Question 62

Multiple Choice

Based on the quantity equation, if Y = $10,000, P = 2.75, and V = 8, then M =


A) $6,563.
B) $3,438.
C) $1,719.

Correct Answer:

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